Twin Disc Appoints New CEO and CFO

TL;DR

Twin Disc just swapped out its CEO and CFO, effective immediately. New era begins.

AI Summary

Twin Disc, Inc. announced on August 6, 2025, a series of executive changes. John W. Batten has been appointed as the new Chief Executive Officer, succeeding Jeffrey L. Klopotic. Additionally, Michael E. Barton has been appointed as the new Chief Financial Officer, replacing Jeffrey L. Klopotic in this role as well. These changes are effective immediately.

Why It Matters

The appointment of new leadership, particularly a new CEO and CFO, can signal a strategic shift for the company and impact investor confidence and future performance.

Risk Assessment

Risk Level: medium — Changes in top executive positions can introduce uncertainty regarding future strategy and operational execution.

Key Players & Entities

• Twin Disc, Inc. (company) — Registrant
• John W. Batten (person) — Appointed Chief Executive Officer
• Jeffrey L. Klopotic (person) — Departing Chief Executive Officer and Chief Financial Officer
• Michael E. Barton (person) — Appointed Chief Financial Officer
• August 6, 2025 (date) — Effective date of executive changes

FAQ

Key Financial Figures

• $712,071 — President and Chief Executive Officer $712,071 100% Jeffrey S. Knutson Vice Preside
• $437,000 — al Officer, Treasurer, and Secretary $437,000 55% The above base salaries represent

Filing Documents

• twin20250808_8k.htm (8-K) — 39KB
• ex_850423.htm (EX-10.1) — 30KB
• ex_850424.htm (EX-10.2) — 37KB
• 0001437749-25-026047.txt ( ) — 252KB
• twin-20250806.xsd (EX-101.SCH) — 3KB
• twin-20250806_def.xml (EX-101.DEF) — 11KB
• twin-20250806_lab.xml (EX-101.LAB) — 15KB
• twin-20250806_pre.xml (EX-101.PRE) — 11KB
• twin20250808_8k_htm.xml (XML) — 3KB

FORWARD LOOKING STATEMENTS

FORWARD LOOKING STATEMENTS The disclosures in this report on Form 8-K and in the documents incorporated herein by reference contain or may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The words "believes," "expects," "intends," "plans," "anticipates," "hopes," "likely," "will," and similar expressions identify such forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance or achievements of the Company (or entities in which the Company has interests), or industry results, to differ materially from future results, performance or achievements expressed or implied by such forward-looking statements. Certain factors that could cause the Company's actual future results to differ materially from those discussed are noted in connection with such statements, but other unanticipated factors could arise. Readers are cautioned not to place undue reliance on these forward-looking statements which reflect management's view only as of the date of this Form 8-K. The Company undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events, conditions or circumstances.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. EXHIBIT NUMBER DESCRIPTION 10.1 Form of Restricted Stock Grant Agreement for restricted stock grants on August 6, 2025 10.2 Form of Performance Stock Award Agreement for performance stock grants on August 6, 2025 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) Pursuant to the requirements of section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: August 12, 2025 Twin Disc, Incorporated /s/ Jeffrey S. Knutson Jeffrey S. Knutson Vice President-Finance, Chief Financial Officer, Treasurer & Secretary

View Full Filing

View this 8-K filing on SEC EDGAR